Passing on Property: Keep It or Gift It During Your Lifetime

https://familywealthmatters.brightsora.com/posts/passing-on-property-keep-it-or-gift-it-during-your-lifetime

Wrestling with whether to hand over the family home now or let your heirs inherit it later? Gifting property while you're alive can sidestep probate and let you see them enjoy it, but you lose control and may trigger gift taxes. Keeping it until death gives a step-up in tax basis, saving capital gains, but leaves your estate tangled in court. Each path shifts the financial balance for you and your loved ones.